07
Dec
13:55
Letter-of-credit restrictions slow Pakistan scrap imports
Owing to restrictions in opening letters of credit (LC), scrap imports into Pakistan have slowed and thus impacted the overall steel industry. The market fears a shortage of steel in the country coupled with an increase in the cost of steel as the industry is facing acute difficulties in the import of raw materials, Kallanish notes.
According to reports, the Pakistan Association of Large Steel Producers (PALSP) is demanding the government take urgent measures to a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous